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Yangarra Resources Ltd T.YGR

Alternate Symbol(s):  YGRAF

Energy Oil & Gas E&P
Yangarra Resources Ltd. is a Canadian junior oil and gas company engaged in the exploration, development and production of clean natural gas and conventional oil. The Company has its main focus in the Western Canadian Sedimentary Basin. The Company has developed its land base to target the halo Cardium at Ferrier, Chedderville, Cow Lake, Chambers, O’Chiese, and Willesden Green with a focus on exploiting the prolific bioturbated zone as part of the entire Cardium package.


TSX:YGR - Post by User

Yangarra Resources Ltd > Q4 expected 1 Feb?
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Comment by cfliesseron Jan 24, 2023 7:53pm
118 Views
Post# 35243768

RE:RE:RE:RE:RE:RE:Q4 expected 1 Feb?

RE:RE:RE:RE:RE:RE:Q4 expected 1 Feb?Everything right now is pointing to a shallow recession. 

Job market is strong because labour participation dropped. 

Why? Because baby boomers finally retired, en masse.

Can never have a bad recession if job markets are strong.

I don't see companies laying off a lot when labour markets are fairly tight. A lot of risk to lay off if you cant hire back easily.

So unemployment will stay fairly low (maybe rise 1%) and consumers will cut back on spending yes but not as much as if they were unemployed.

So for markets I think once they realize a softish landing is happening we will see a great H2 2023
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